The additional 2.7 billion USD poured into Binh Duong in the first 10 months of 2022 has helped the southern industrial hub rank second in Vietnam in terms of foreign direct investment (FDI) attraction.
Vietnam-Singapore Industrial Park II in Binh Duong's Thu Dau Mot city (Photo: VNA)
Binh Duong (VNA) – The additional 2.7 billion USD poured into BinhDuong in the first 10 months of 2022 has helped the southern industrial hubrank second in Vietnam in terms of foreign direct investment (FDI) attraction.
The figure represents a year-on-year rise of 57%, accordingto the provincial People’s Committee.
In the period, manufacturing and processing drew the most from foreign investors, with 1.66 billion USD, accounting for 63.5% ofthe total registered capital. Real estate ranked second with 939 million USD,making up 35.8% of the total.
Denmark was the biggest investor of Binh Duong in the period under review, with 1.32 billion USD, followed by the Netherlandswith 609 million USD, and China 258 million USD.
According to Chairman of the provincial People’s CommitteeVo Van Minh, as of October 31, Binh Duong ranked second the country in FDIattraction, after Ho Chi Minh City, with 4.053 valid projects totaling 39.6billion USD, or 9.3% of the nation’s total FDI.
Sixty-five nations and territories have registered to pourcapital in the southern industrial hub, with Taiwan (China) ranking first with859 projects totaling 6.27 billion USD. It is followed by Japan with 333projects totaling 5.86 billion USD, and Singapore 277 projects and 5.4 billionUSD.
In his recent working sessions with Binh Duong leaders, PrebenEnef, General Director of LEGO Vietnam Technology Co. Ltd., which is investing1.3 billion USD in a toy factory in Binh Duong, appreciated support fromleaders of the province as well as ministries and sectors for the constructionof the project.
The locality’s post-pandemic recovery and development effortshave also gained applause from the Republic of Korea Chamber of Commerce(KOCHAM) office in Binh Duong and the European Chamber of Commerce (EUROCHAM)in Vietnam./.
The southern industrial hub of Binh Duong recorded close to 8 billion USD worth of trade surplus in the first nine months of this year, as heard at a September 28 meeting that reviewed the province’s socio-economic growth.
The southern industrial province of Binh Duong eyes to achieve a Gross Regional Domestic Products (GRDP) growth of 8% this year, heard a conference held by the provincial Party Committee on September 29.
Danish toy maker LEGO on November 3 began construction of an over-1.3 billion-USD factory, the biggest foreign-invested plant in the southern province of Binh Duong.
Foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Vietnam-Singapore Industrial Park II in Binh Duong's Thu Dau Mot city (Photo: VNA) 
